article thumbnail

Realtor Tip: Multiple Offers? Tell the Appraiser!

Rowe Appraisal Group

This blog post goes out to all the Realtors who have had a deal fall through because the appraised value was below the contract price. Some of you may even had multiple offers with most of them were even above the appraised value. Maybe I need to look deeper at the current market conditions. Or maybe both.

article thumbnail

Realtor Tip: Multiple Offers? Tell the Appraiser!

Rowe Appraisal Group

This blog post goes out to all the Realtors who have had a deal fall through because the appraised value was below the contract price. Some of you may even had multiple offers with most of them were even above the appraised value. Maybe I need to look deeper at the current market conditions. Or maybe both.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Valuing Your Home - AVM vs. Real Estate Agent

Eppraisal

While AVMs can be a useful tool for getting a ballpark estimate of a property's value, they have limitations and may not always provide an accurate estimate of the property's true market value. They can provide advice on staging your home, marketing it to potential buyers, negotiating offers, and more.

article thumbnail

That Zestimate is NOT Accurate

Lamacchia Realty

“The Zestimate® home valuation model is Zillow’s estimate of a home’s market value. A Zestimate incorporates public, MLS and user-submitted data into Zillow’s proprietary formula, also taking into account home facts, location and market trends. Zillow doesn’t have the ability to reason like a REALTOR® does.

article thumbnail

Checklist to Sell a House in BC

D Fritz Appraisals

Either way, the goal remains the same: to make the home appear as attractive and welcoming as possible, thereby making it stand out in the competitive real estate market of British Columbia. Setting a price below market value can generate significant interest and potentially spark a bidding war, ultimately driving up the final sale price.

article thumbnail

4 Investment Property Strategies Any Beginner Can Master

McKissock

As part of our contributor series, Daniela Andreevska , content marketing director at Mashvisor , talks about investment property strategies. Mashvisor provides a real estate analytics tool that helps real estate investors quickly find traditional and Airbnb investment properties. .

article thumbnail

How to Price Your Home for the Current Market

Eppraisal

 Better yet, use a real estate agent to do a comparative market analysis and calculate your home’s value impartially. Appraisal Mortgage lenders use home appraisal reports to make credit decisions, so hiring an appraiser can help you learn about your home’s current market value more objectively.  This